As September quarter results are about to start flowing in over the next few days. ETMarkets found nine companies that have posted at least 20% sales and profit growth in the September quarter of the last two years. These companies have also maintained EBIDTA margins over 20%. Interestingly, 7 out of 9 stocks have over doubled the investors’ wealth in the last 2-year timeframe.
Kaynes shares plunge 43% from October peak. Is a tactical rebound on the cards or more pain ahead?
Kaynes has plunged 43.5% from its October peak, with Friday’s 12.5% drop marking the steepest single-day decline. Momentum indicators remain bearish, signaling a risk of